Comcast halts sub losses

US cable giant Comcast has revealed that profits soared 26 per cent in Q4 2013, and that it had finally put the brakes on a trend of customer losses.

For the three months ended December 31st, Comcast added 43,000 net video subscribers – marking the first time in nearly seven years that the company did not lose more customers than it gained during a quarter.

Profit increased to $1.91 billion compared with $1.5 billion in the year-earlier period.

“We really have strong momentum across all of our businesses,” Comcast Chief Executive Brian Roberts said in a conference call.